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2000-313 0RD1NANCE NO ~000- ~/~'~ AN ORDINANCE APPROVING A REAL ESTATE CONTRACT BETWEEN THE CITY OF DENTON AND BARBARA L GAILEY RELATING TO THE PURCHASE OF APPROXIMATELY 0101 ACRE OF LAND BEING LOCATED IN THE NH MEISENHEIMER SURVEY, ABSTRACT NO 810 OF DENTON COUNTY, TEXAS FOR THE US HIGHWAY 77 PROJECT, WITH TITLE VESTING 1N THE STATE OF TEXAS, AUTHORIZING THE EXPENDITURE OF FUNDS THEREFOR, AND PROVIDING AN EFFECTIVE DATE THE COUNCIL OF THE CITY OF DENTON, TEXAS HEREBY ORDAINS SECTION 1 The City Manager is hereby authorized to execute a Real Estate Contract between the City of Denton and Barbara L Gmley in substantially the form of the Real Estate Contract which is attached to and made a part of this ordinance for all purposes, for the purchase of approximately 0 101 acre of land for the U S Highway 77 ProJect, with title vesting in the State of Texas ~ The City Manager is authorized to make the expenditures as set forth in the attached Real Estate Contract ~ Thru ordinance shall become effective lmme&ately upon its passage and approval PASSED AND APPROVED this the_ ~]~ .dayof (J~/'~t~d~'~f ,2000 EUL1NE BROCK, MAYOR ATTEST JENNIFER WALTERS, CITY SECRETARY HERBERT L P TY, CIT ATTORNEY HEAL HSTATE CONTRACT STATE OF TEXAS COUNTY OF DENTON THIS CONTRACT OF SALE is made by and between BARBARA GAILEY (hereinafter referred to as "Seller") and CITY OF DENTON, TEXAS, a home rule municipality, of Denton, Denton County, Texas, (hereina£ter referred to as "Purchaser"), upon the terms and conditions set forth herein. PURCEASEANDSALE Seller hereby sells and agrees to convey, and Purchaser hereby purchases end agrees to pay for all that certain tract, lot or parcel of land described in Exhibit "A" attached with ell rights end appurtenances pertaining to the said property, including any right, title end interest of Seller in and to adjacent streets, alleys or rights-of-way (all of such real prop- erty, rights, and appurtenances being hereinafter referred to as the ~Property#), together with any improvements, fixtures, and personal property situated on and attached to the Property, for the consideration and upon and subject to the terms, provisions, and conditions hereinafter set forth. Seller shall pay all cost for the removal, installation, construction, reinstallation, reconstruction, labor and materials for any and/or im~rovements located within the property described in Exhibit "A". Any improvements not removed by Sept~er 29, 2000 shall become property o£ the City of Denton, Texas. PU~CEASE PRICE 1. Amount of Purchase Price. The purchase price for the Property shall be the stun o£ $3,345.00. Additional consideration of $2,500.00 shall be paid for the installation of a circular drive to be constructed at the Seller's discretion on the Seller's remaining tract. The total Purchase Price shall be $5,845.00. 2. Payment of Purchase Price. The full amount of the Purchase Price shall be payable in cash at the closing. pURCI{A~ER'S OBLIGATIONS The obligations o£ purchaser hereunder to consummate the transactions contemplated hereby are subject to the satisEaction o£ each o£ the £ollowing conditions any of which may be waived in whole or in part by purchaser at or prior to the closing. 1. Preliminary Title Renort. within twenty (20) days after - seller, at Sellsr~s sole cost and expense, shall the date hereo£, ...... 4-.fret defined) to issue & have caused the Title company oa~it~ent (the .Com~itm~nt") accompanied by copies o~ners policy c . _ _ sements, rights-of-WaY, of &11 recorded documents relating to ea shall give seller etc., af£ecting the property. Purchaser ..... r n or before the expiration of ten (107 days written notice.o _ .._ that the condition of set forth in the C~mmitmen=_=s ~_i~ion of title is not event purchase ...... 11 at Ballet's option, promptly satisfactory, BelAe~ she ~=_ --11 unacceptable matters to the undertake to elimina~e or mo~M ~ reasonable satisfaction of purchaser. In the event Seller is unable to do so within ten (10) days after receipt o~ written ee~ent shall thereupon be null and void for &11 notice, this Agr --~-- shall be deemed to be isa this purposeS/ ot~erw · _ hall be deemed to have been accept&bls and any objection thereto s waived for ell purposeS. .,,~v.v. Purcha,er maY, at Purcha..r'' .ol. co,~ni · =r.nt .u .y of th. Pr°P'rtY: P?T? '%h. expense, .... as land surVeyOr acceptable to wurcn&s .... duly licensed =~ - =-d shall show tho survey shall be staked on the gr~una~ --___~_ railroadS, rivers, Of all improvements, highwayS, s~, :~nts, and rights-o£- creekS, or other water COUTBeB~ =eu~=, --- -- ..... ~-- ~he nt to the Property, if any, an~ sna~ conu~a~ way o~ or ad, ace .......... ~ e roachments on the surveyor. S certi£ic&tion t~ac un~ - ..... no 11 set forth the number of total acres comprising Property an~ sh~___~., ~4th a metes and bounds description thereof. 11 have ten (10) days after receipt of the survey purchaser wi ......... . In the event the surVey is to revieW and PP . =--- --ithin the ten (10) day unacceptable, then purchaser ~s~ -~4~ *a~t seller shall, ive seller written no=ica ~f ..... i-~ '- -- --~4~ the period, g - ~-rtake to elxmxnace or at Seller's option, promptAy un~e ..... to the reasonable unacceptable portions of t~e pAGE 2 AEE008FE satisfaction of Purchaser. In the event Seller is unable to do so within ten (10) days after receipt of written notice, Purchaser may terminate this A~reement, and the Agreement shell thereupon he null end void for all purposes and the Escrow Deposit shell be returned by the Title Company to Purchaser. Purchaserle failure to give Seller this written notice shall be deemed to be Purchaser"s acceptance of the survey. 3. Seller,s Comolience. Seller shall have performed, served, and col~lied with all of the covenants, agreements, end conditions required by this Agreement to be performed, observed, and complied with by Seller prior to or as of the closing. REPRESENTATIONS AND WARRANTIES OF SELLER Seller hereby represents and warrants to Purchaser as follows, which representations and warranties shall be deemed made by Seller to Purchaser also es of the closing date= 1. There ere no parties in possession of any portion of the Property as lessees, tenants at sufferance, trespassers or other parties. 2. Except for the prior actions o£ Purchaser, there is no pending or threatened condo-etlon or similar proceeding or assessment or suit, affecting title to the Property, or any part thereo£, nor to the best knowledge and belie£ of Seller is any such proceeding or assessment contemplated by any governmental authority. 3. Seller has complied with ell applicable laws, ordinances, requl&tions, statutes, rules end restrictions relating to the Property, or any part thereof. 4. To the best of the seller's knowledge, there are no toxic or hazardous wastes or materials on or within the Property. Such toxic or hazardous wastes or materiels include, but ere not limited to, hazardous materials or wastes es same ere defined by the Resource Conservation end Recovery Act (RCRA), as emended, and the Comprehensive Environmental Response Compensation and LiaBility Act (CERCLA), es emended. AEE008FE PAGE 3 The closing shall be held at the office of Dentax Title Company on or before September 29, 2000, or at such title company, time, date, and place as Seller and Purchaser may mutually agree upon (which date is herein referred to as the eclosing, date"). CLOBZN~ REQUIREMENTS 1. Seller's Reouirements. At the closing Seller shall: &. Deliver to State of Texas, acting by and through the Texas Transportation Co---{ssion · duly executed end acknowledged Deed in the fo~m as attached hereto as Exhibit ~B# conveying good and marketable title to all of the Property, free and clear of any and &11 liens, encumbrances, conditions, easements, assessments, and restrictions, except for the following~ 1. General real estate taxes for the year of closing and subsequent years not yet due and payuble; 2. Any exceptions approved by Purchaser pursuant to ~ha~er.s Obliaations here- of; and 3. Any exceptions approved by Purchaser in writing. B. Deliver to Purchaser a Texas Owner's Policy of Title Insurance at Purchaser's sole expense, issued by Dentax Title Company, Denton, Texas, (the STitle Company"), or such title company as Seller and Purchaser may mutually agree upon, in Purchaser's favor in the full amount of the purchase price, insuring fee simple title for the State of Texas to the Property subject only to those title exceptions listed in Closina Reauirements hereof, such other exceptions as may be approved in writing by Purchaser, and the standard printed exceptions contained in the usual form of Texas Owner's Policy of Title Insurance, provided, howevers AEE008FE PAGE 4 1. The boundary and survey exceptions shall be deleted if required by Purchaser and if so required, the costs associated with same shall be borne by Purcheser~ 2. The exception as to restrictive cove- nants shall be endorsed "None of Record"~ 3. The exception for taxes shall be limited to the year of closing and shall be endorsed .Not Yet Due and Payable"~ and 4. The exception es to liens eno'm~ering the Property shall be endorsed .None of Record". C. Deliver to purchaser possession of the Property on the day of closing. 2. ~ur~m~er,s ~uirements. Purchaser shall pay the consideration as referenced in the .Purchase Price" section of this contract at Closing in immediately available funds. 3. ~9~-~. Seller shall pay all taxes assessed by any tax collection authority through the date of Closing. All other costs and expenses of closing in cons~,""~&ting the sale and purchase of the Property not specifically allocated herein shall be paid by Purchaser, except for Seller's attorney fees. REAL ESTATE COMMISSION All obligations of the Seller and Purchaser for payment of brokers' fees are contained in separate written agreements. BR~ACH BY SELLER In the event Seller shall fail to fully and timely perform any of,its obligations hereunder or shall fail to cons~~"ate the sale of the Property except purchaser's default, Purchaser may either enforce specific performance of this Agreement or terminate this Agreement by written notice delivered to seller. AEE008FE PAGE 5 BRRA~H BY PURCHASER Xn the event Purchaser should fail to cons----ate the purchase of the Property, the conditions to Purchaser's obligations set forth in PURCHASER'S OBLXGATIONS having been satisfied and Purchaser being in default Seller ~7 either enforce specific performance of this Agreement, or teL-minate this Agreement by written notice delivered to purchaser. MISCELLANEOUS 1. Assianment of Aareement. This Agreement may be assigned by Purchaser without the express written consent of Seller. 2. ~Survival of Covenants. Any of the representations, war- ranties,, covenants, and agreements of the parties, as well as any rights and benefits o~ the parties, pertaining to a period of time following the closing of the transactions contemplated hereby shall survive the closing and shall not be merged therein. 3. Notice. A~y notice rec~uired or permitted to be delivered hereunder shall be deemed received when sent by United States mail, postage prepaid, certified mail, return receipt requested, addressed to Seller or Purchaser, as the case may be, at the address set forth beneath tho signature of the party. 4. Texas Law to A~Dply. This Agreement shall be construed under and in accordance with the laws of the State of Texas, and all obligations of the parties created hereunder are performable in Dento~ County, Texas. 5. Parties Bound. This Agreement shall be binding upon and inure to the benefit of the parties and their respective heirs, executors, administrators, legal representatives, successors and assigns where permitted by this Agreement. 6. Leas1 Construction. In case any one or more of the pro- visions contained in this Agreement shall for any reason be held to be invalid, illegal, or unenforceable in any respect, said validity, illegality, or unenforceability shall not affect any other provision hereof, and this A~reement shall be construed if the invalid, illegal, or unenforceable provision had never been contained herein. AEE008FE PAGE 6 ?. Prior &areements Superseded. This &greement constitutes the sole and onl7 agreement o£ the parties and supersedes any prior understandings or written or oral agreements between the parties respecting the within subject matter. 8. ~. Tine is of the essence in this Agreement. 9. Gender. Words o£ any gender used in this Agreement shall be held and construed to include any other gender, and words in the singular n,,mhor shall be held to include the plural, and vice versa, unless the context requires otherwise. 10. M~morandum of Contr~9~. U~on request of either party, both parties shall prouptly execute a nemorandu~ of this Agreement suLtable £or fLling of record. ll. Connliance. Xn accordance with the requirements of the Texas Real Estate License Act, Purchaser fs hereby advised that it should be furnished with or obtain a policy of title insurance or Purchaser should have the abstract covering the Property examined by an attorney of Purchaser's own selection. 12. Tine Linit. Xn the event a fully executed copy of this Agreement has not been returned to Purchaser within ten (10) days after Purchaser executes this Agreement and delivers sane to Sel- ler, Purchaser shall have the right to tern~nate this Agreement upon written notice to Seller. =AT;D this day of , 2000. SELLER PURCHASER THE CXTY OF DENTON, TEXAS ~ Cit~ Kanager FORM'/.f 215 E, McKLnney T0 6ITYATTOR~E¥, ..~ Denton, Texas 76201 AEE008FE PAGE 7 STATE COUNTY OF DENTON munStrA~}~..ent is acknowledged be£ore me, on this 2000 by Michael W. Jez, City Manager, of the City ioipal corporation, known to me to be the person and o£ficer whose name is subscribed to the foregoing instrument and acknowledged to me that the same was the act of the said City of DentQn, Texas, a municipal corporation, that he was duly authorized to perform the same by appropriate ordinance of the City Coul~cil o£ the City of Denton and that he executed the s~te as the act of the said City for p~poses end consideration therein expressed, and in the capaci~here~tate~__~// the St,ts of Texa, [_~?."['~.,t~ MAY 9, 2002 -~; ....... ~ STATE OF TEXAS COUNTY OF DENTON This instrument is acknowledged before me, on this (~+~ day of AEE008FE PAGE 8 EXHIBIT "A' County Denton Page 1 of 1 Highway U.S. 77. Project Um~te. , From I.H. 35 Rev. October 27, 1994 To CSJ 0195-02 Account. I FIELD NOTES FOR PARCEL 19 BEING A PARCEL, OF LAND SITUATED IN A CALLED 0 336-ACRE TRACT CONVEYED TO DENNIS MICHAEL BAKER AND WIFE, BECKY ANN DE LA HOU$~AYE BAKER, RECORDED IN VOLUME 890, PAGE 528, DEED RECORDS OF DENTON COUNTY, TEXAS {DRDCT}, AND BEING SITUATED IN THE N.H. MF..ISENHEIMER SURVEY, ABSTRACT NO. 810, CITY OF DENTON, DENTON COUNTY, TEXAS, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS COMMENCING for reference at a found 1/2-tach iron rod, same being a point on the east line of said Baker tract and being the northwest corner of a tract of land conveyed to W.H. Bottoms, recorded m Volume 409, Page 562, DRDCT, THENCE S 32° 04' 0g' W, along a line common to said Baker tract and said Bottoms tract, a d~etance of 133 15 feet to a sst E/8-1hch Iron rod with an aluminum cap, being the POINT OF BEGINNING and also being · point on the new north nght of way line of U S 77= (1) THENCE S 32° 04' 09' W, along the sa~d common line, passing at 30 78 feet a found 1/2-loch iron rod, in all a distance of 60.78 feat to a point, being the southwest comer of said Baker tract, and said point being on the existing north right of way line of U.S. 77; {2) THENCE N 57° 59' 17" W, along a line common to said Baker tract and the existing north right oflwey line of U.S. 77, a distance of 73.21 feet to s point, being the southwest corner of said Baker tract, and the southeast comer of a 0 520-acta tract of land conveyed to Raze Sabn, re~orded in Volume 1700, Page 648, DRDCT, (3) THENCE N 33= 15' 50' E, along a line common to sa~d Baker tract and said Sabri tract, passing at 30 01 feet a found 1/2-loch Iron rod, in all a d;stance of 80 52 feet to a set 5/8-inch iron rod w~th an aluminum cap also being a point on the new north nght of way line of U.S. 77, (4) THENCES 58° 11'36' E, alongthe new north nght of way line of U S 77, adlstanceof71 95 fe-~t to the POINT OF BEGI~ING, end ¢onta~mng 0 101 acre, or 4,400 square feet of land, more or Jess, of which 2,187 square feet are in a preecnptwe right of way of U S 77 J. ohn F Wilder, R P.L.S 4~***.~,%..,.,~., ,.r~.~.. ~ "~ Date Texas No 4285 EXH'~BIT "B" Texas Department of TnmsportaUon Form DEED ~ STATE OF TEXAS } } COUNTY OF, } KNOW ALL MEN BY THESE PRESENTS: of the County of , State of Te~.az, hereinafter referred to az Grantors, whether one or more, for and m consecration of the ~un of Dollars ($. ) to Grantors m hand paid byl the State of Texaz, acting by and through the Texas Transportation Comnusslou, receipt of which ~s hereby acknowledged, and for which no hen i~ retained, either expressed or unpiled, have thru day Sold end by these presents do Grant, Bargain, Sell and Convey unto the State of Texas all that certain tract or parcel 0f land in County, Texas, more paxtlcularly deser~bed m Ex- lubxt "A,' wbach ~s attached hereto and incorporated hereto for any and all purposes SAVE and EXCEPT~ HOWEVER, ~t ~s expressly understood and agreed that Grantors are retaining tttle to thc following improvements located on the propexty described m smd Exhth~t "A," to w~t Grantors coven~mt and agree to remove the above-desmbed unprovements from smd land by the day of : ,19.._~, subject, however, to such extensions of tune az may be granted by thc State m writing, and fi, for any reason, Orantors fall or refuse to remove same within said p~riod of tune prescnbed~ then, wlthout any further consideration, the title to all or any part of such unprovements not so removed shall pass to and vest m the State of Texaz forever Grentors raserv~ all of the od, gas end sulphur m end under the land hereto conveyed but waive all rights of regress end egress to the surface thereof for the purpose of exploring, developing, nunmg or dr~l!mg for same, however, [nothing m this reservation shall affect the t~fle and nghts of thc State to take and use all other minerals arid materials thereon, thereto and thereunder T~tas D~parlment of Trasspotiatton Form D.I$-14 Pa$e2of3 Rev 9/91 TO HAVE AND TO HOLD the premises hereto described and hex'em conveyed together with all and singular the nghts and appunenan .cee thereto m any w~s~ belonging unto. the State of Texa~ and its as, signs forever, and G~antors do hereby brad ourselves, our he,rs, executors, aclrmmstrators, success.ors_ann as~. signs to Warrant and Forever Defend all and singular the said premises hereto conveyed unto ttie ~tate o~ Texas and its sZsigns against every person whomsoever lawfully clamamg or to claun the same or any pan thereof IN WITNESS'WHEREOF, tins instrument ts executed on th~ the day of ACKNOWLEDGMENT THE STATE OF TEXAS, ] COUNTY OF } BEFORE Mil. the undor~lgned, a Notary Pubhc, on this day persomdly appeared . known to me (or proved to me on the oath of , a ct, edible w~mess,) lo be the person(s) whose name(s) is (are) subscribed to file foregoing lnsmlmant and acknowledged to me that he/she/they executed the same for the GIVEN UNDER MY HAND A.ND SEAL ON OI~I~ICE, tl~s day of ,19 Notary Pubhc. State of Texas My Conmumon ~s on gm day of ,19 ************************************************************************************ CORPORATE ACKNOWLEDGMENT THE STATE OF TEXAS, .., } COUNTY OF, } BEFORE MB, the unde~lgned, a Notary Public, on this day personnlly appeared of , known to me to be the perso~ and officer whos~ name ~s subscribed to th~ foregoing matmment and acknowledged to me that the same was the act of tho enid , a corporation, that he/she was duly authorized to perform file same by appropriate re~ointion of the board of directors of such corporation and that he/she executed the same ns the act of such corporation for tho purpoam nmi cooztderaflon thereto expressed, and in the capacity thetmu stated GIVEN UNDER MY HAND AND SEAL OF OFFICE, ibis day of ,19 Notary PnbHo, State of T~tas My Commission expires on Ihe day of ,19 Fonu D-15-14 Paso 3 of ~ Rov~ 9/91 After recording please return this instrument to. CERTIFICATE OF RECORDING THE STATE OF TEXAS, } COUNTY OF }